Friday, January 6, 2012

Have and Have Not ... What should you be paid for your skills?

If only I could shoot a puck or hit a golf ball I could be making millions!

That isn't a joke when you look at what some professional athletes with minimal education are getting paid.

Wayne Gretzky didn't finish high school.

OK, so only a percentage of professional athletes have monstrous salaries and endorsement deals.

Still, I have three post secondary credentials to my name and can only anticipate an entry level salary at or just above the poverty line with my most recent course of study.

Is that justified?

The short answer is no, and I suspect the long answer is filled with economic voodoo, sociology, psychology, culture, and plain old human nature.

What constitutes a 'living wage'?

Should we all anticipate a certain level of luxury the more education we have?

The truth is high school drop outs can make millions while people with masters degrees can make minimum wage for a wide variety of reasons.

More to come on this topic.